Interest rates expected to be held by Bank of England
The Bank of England is expected to maintain interest rates at 3.75% as inflation shows signs of cooling. This stability is supported by a recent U.S.-Iran peace deal, which has helped lower energy price volatility.
Why it matters
Interest rate decisions directly impact the cost of living and economic growth in the UK.
Share Save Add as preferred on Google Kevin Peachey Cost of living correspondent Getty Images Interest rates are expected to be held by policymakers at the Bank of England (BoE) who are keeping a close eye on events in the Middle East.
The article provides a factual report on economic indicators and central bank expectations.
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